A Novel Approach to Credit Analysis for Surety Insurers

A Novel Approach to Credit Analysis for Surety Insurers In this paper, we will delve into operational and technological roadblocks that the surety industry faces, and the role centralized credit analysis can play in advancing the business of surety insurance. We also evaluate how technology tools such as advanced visualization and data analytics can simplify… Continue reading

Xceedance and Oasis LMF Offer On-Demand Exposure Analysis Services for U.S. Earthquake, Flood, and Hurricane Catastrophe Models

XCEEDANCE AND OASIS LMF OFFER ON-DEMAND EXPOSURE ANALYSIS SERVICES FOR U.S. EARTHQUAKE, FLOOD, AND HURRICANE CATASTROPHE MODELS BOSTON, SEPTEMBER 15, 2020 — Xceedance, a global provider of strategic insurance consulting and technology, and the Oasis Loss Modelling Framework (Oasis LMF), today announced the availability of on-demand exposure analysis and results for three key U.S. catastrophe… Continue reading

Webinar: On-Demand Catastrophe Modelling Services for Three Major U.S. Perils — Earthquake, Hurricane, and Flood

Webinar: On-Demand Catastrophe Modelling Services for Three Major U.S. Perils — Earthquake, Hurricane, and Flood Tuesday, September 29, 2020 at Noon - 1 p.m. ET In a complimentary AM Best webinar sponsored by Xceedance, a panel of experts will discuss the technical advances of three key U.S. peril models (Earthquake, Hurricane, and Flood) and describe… Continue reading

Reimagining Commercial Lines Underwriting Workflows

Reimagining Commercial Lines Underwriting Workflows The heterogeneous and complex nature of commercial exposures, the quality of the data needed to support the risk pricing, and scarcity of new talent – all pose a challenge to smooth adoption of new-age technologies. This paper examines reasons why automation of commercial lines underwriting processes proves difficult and discusses… Continue reading

05-14-2020 Blog: Three Ways Insurers Can Enhance Policyholder Value

Three Ways Insurers Can Enhance Policyholder Value May 14, 2020 | Sachin Kulkarni With the Coronavirus contagion spreading across the globe, insurance companies are facing an unprecedented surge in COVID-19-related claims, and in some cases, potential litigation compelling them to cover business interruption losses. As companies strategize and work towards alleviating those challenges, insurance executives… Continue reading

Xceedance and Xemplar Partner to Advance Mobile Capabilities for Insurance Organizations

XCEEDANCE AND XEMPLAR PARTNER TO ADVANCE MOBILE CAPABILITIES FOR INSURANCE ORGANIZATIONS BOSTON and WAYNE, PA, May 5, 2020 — Xceedance and Xemplar Insights today announced a strategic partnership to bring innovative, mobile-based insurtech solutions to global property/casualty insurance markets. As a comprehensive consulting and managed services provider, Xceedance collaborates with insurers, reinsurers, MGAs, and brokers… Continue reading

Augmenting Decision Support for Underwriting and Claims

Augmenting Decision Support for Underwriting and Claims The unique human factor of subjective analysis influences claims and underwriting outcomes, and therefore, creates unintended variability of decisions and inconsistency with target guidelines for claim settlements and underwriting pricing. Limiting or mitigating that variability requires the use of predictive algorithms. Decision Support Services represent the convergence of… Continue reading

03-17-2020 Blog: Reflections on Hiring Talent From Outside the Insurance Industry

Reflections on Hiring Talent From Outside the Insurance Industry March 17, 2020 | Amit Tiwari and Amit Ranjan In this Q&A, Xceedance chief operating officer Amit Tiwari and chief administrative officer Amit Ranjan discuss ways in which the insurance industry’s talent management strategies must evolve to drive significant business outcomes. Should the industry be encouraging… Continue reading